Free forex bonus of 100 dollar can be defined as a no deposit forex bonus given to forex traders of a particular trading website on the commencement of their trading. This type of forex bonus gives a cash amount of 100 dollar which is used to start trading on forex without any form on money deposit coming from the forex trader. The process involved in receiving the forex bonus of 100 dollar is not that difficult. After the process of registering a real forex trading account, the money is being transferred from the concerned forex broker to the forex trader’s account and trading starts immediately.
Free forex bonus of 100 dollar is a platform used by forex traders to determine the rate of success in forex trading and if a larger sum of money should be invested for further forex trades. These bonuses are used as platforms to check a trading company’s services and test run all the available trading strategies. All profits gotten from this forex trades are withdraw able by the forex trader.
TERMS AND CONDITIONS OF OBTAINING A FREE FOREX BONUS OF 100 DOLLAR
In other to get a free welcome bonus of 100 dollar, a forex trader is primarily required to open a live forex trading account which is known as standard trading accounts used for forex trading. Demo or cent account are not allowed in this type of trading settings
After this step, the forex trader is required to install the welcome bonus application in either a lap top or on a mobile phone with the help of the play store app. Before registration, very forex trader should make sure that he /she confirms the platform in which the bonus application functions best.
The next step is for the forex trader to run the application and select welcome bonus (free forex bonus of 100 dollar) in the personal area location and the 100 dollar bonus will be automatically credited if the application scan is complete.
The 100 dollar profit can be withdrawn and made available to the forex trader at any time. Other forms of trading website makes the profit available after a trading turnover at the selected account reaches a particular amount. Every trading turnover in dollar terms of each trading order is equivalent to the total under two different transactions. But if withdrawing the profit for the very first time, all the money in the account including the bonus of 100 dollar is made available for the forex trader.
In conclusion, free forex bonus of 100 dollar has the advantage of having an unlimited duration. The only reason why forex traders won’t get a welcome free forex bonus of 100 dollar is if they decide to get a new registration just to have access to another bonus.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.